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Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
Federal student loan payments are starting again. Here's what you need to know
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
[BREAKING] Small Firm Wins $1 Billion Army Contract for Breakthrough "Living Software" (Ad)
A fight over precious groundwater in a rural California town is rooted in carrots
California governor rejects bill to give unemployment checks to striking workers
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
Federal student loan payments are starting again. Here's what you need to know
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
[BREAKING] Small Firm Wins $1 Billion Army Contract for Breakthrough "Living Software" (Ad)
A fight over precious groundwater in a rural California town is rooted in carrots
California governor rejects bill to give unemployment checks to striking workers
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
Federal student loan payments are starting again. Here's what you need to know
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
[BREAKING] Small Firm Wins $1 Billion Army Contract for Breakthrough "Living Software" (Ad)
A fight over precious groundwater in a rural California town is rooted in carrots
California governor rejects bill to give unemployment checks to striking workers
NASDAQ:KRMD

KORU Medical Systems (KRMD) Stock Forecast, Price & News

$2.70
-0.08 (-2.88%)
(As of 09/29/2023 ET)
Compare
Today's Range
$2.65
$2.82
50-Day Range
$2.37
$3.08
52-Week Range
$2.13
$4.48
Volume
42,490 shs
Average Volume
50,017 shs
Market Capitalization
$123.23 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.88

KORU Medical Systems MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
43.5% Upside
$3.88 Price Target
Short Interest
Healthy
0.81% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.44mentions of KORU Medical Systems in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
$114,828 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.20) to ($0.16) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.38 out of 5 stars

Medical Sector

257th out of 972 stocks

Surgical & Medical Instruments Industry

35th out of 99 stocks


KRMD stock logo

About KORU Medical Systems (NASDAQ:KRMD) Stock

KORU Medical Systems, Inc. designs, manufactures, and markets portable medical devices primarily for the subcutaneous drug delivery market in the United States and internationally. It offers mechanical infusion product comprising the FREEDOM infusion systems that include the FREEDOM60 syringe driver, the FreedomEdge syringe driver, HIgH-Flo subcutaneous safety needle sets, and precision flow rate tubing. The company also provides education and training materials to clinicians, patients, and patient advocates. It sells its products through direct sales and medical device distributors, as well as online. The company was incorporated in 1980 and is headquartered in Mahwah, New Jersey.

KRMD Price History

KRMD Stock News Headlines

66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
Earnings Preview For KORU Medical Systems
KORU Medical Systems appoints CFO
See More Headlines
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KRMD Company Calendar

Last Earnings
8/09/2023
Today
10/01/2023
Next Earnings (Estimated)
11/08/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Surgical & medical instruments
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:KRMD
Employees
85
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$3.88
High Stock Price Forecast
$4.50
Low Stock Price Forecast
$3.00
Forecasted Upside/Downside
+43.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$-8,660,000.00
Pretax Margin
-33.95%

Debt

Sales & Book Value

Annual Sales
$27.90 million
Book Value
$0.69 per share

Miscellaneous

Free Float
33,955,000
Market Cap
$123.23 million
Optionable
Not Optionable
Beta
0.37
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Key Executives

  • Ms. Linda M. Tharby (Age 55)
    Pres, CEO & Director
    Comp: $962.6k
  • Mr. Thomas Adams (Age 50)
    Chief Financial Officer
    Comp: $381.9k
  • Mr. Brian Case (Age 50)
    Chief Technology Officer
    Comp: $356.31k
  • Mr. Christopher Pazdan
    Sr. VP of Operations
  • Mr. Rob Cannon
    VP of Sales













KRMD Stock - Frequently Asked Questions

Should I buy or sell KORU Medical Systems stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for KORU Medical Systems in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" KRMD shares.
View KRMD analyst ratings
or view top-rated stocks.

What is KORU Medical Systems' stock price forecast for 2023?

4 Wall Street analysts have issued twelve-month price objectives for KORU Medical Systems' shares. Their KRMD share price forecasts range from $3.00 to $4.50. On average, they expect the company's share price to reach $3.88 in the next twelve months. This suggests a possible upside of 43.5% from the stock's current price.
View analysts price targets for KRMD
or view top-rated stocks among Wall Street analysts.

How have KRMD shares performed in 2023?

KORU Medical Systems' stock was trading at $3.57 at the beginning of 2023. Since then, KRMD stock has decreased by 24.4% and is now trading at $2.70.
View the best growth stocks for 2023 here
.

Are investors shorting KORU Medical Systems?

KORU Medical Systems saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 338,900 shares, an increase of 7.7% from the August 31st total of 314,700 shares. Based on an average daily volume of 89,500 shares, the short-interest ratio is presently 3.8 days. Approximately 0.8% of the shares of the stock are short sold.
View KORU Medical Systems' Short Interest
.

When is KORU Medical Systems' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our KRMD earnings forecast
.

How were KORU Medical Systems' earnings last quarter?

KORU Medical Systems, Inc. (NASDAQ:KRMD) issued its earnings results on Wednesday, August, 9th. The company reported ($0.05) EPS for the quarter, meeting analysts' consensus estimates of ($0.05). The business earned $6.94 million during the quarter, compared to analysts' expectations of $6.93 million. KORU Medical Systems had a negative trailing twelve-month return on equity of 26.65% and a negative net margin of 27.55%.

What guidance has KORU Medical Systems issued on next quarter's earnings?

KORU Medical Systems issued an update on its FY 2023 earnings guidance on Thursday, August, 10th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $31.00 million-$32.50 million, compared to the consensus revenue estimate of $31.51 million.

What other stocks do shareholders of KORU Medical Systems own?
What is KORU Medical Systems' stock symbol?

KORU Medical Systems trades on the NASDAQ under the ticker symbol "KRMD."

How do I buy shares of KORU Medical Systems?

Shares of KRMD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is KORU Medical Systems' stock price today?

One share of KRMD stock can currently be purchased for approximately $2.70.

How much money does KORU Medical Systems make?

KORU Medical Systems (NASDAQ:KRMD) has a market capitalization of $123.23 million and generates $27.90 million in revenue each year. The company earns $-8,660,000.00 in net income (profit) each year or ($0.17) on an earnings per share basis.

How can I contact KORU Medical Systems?

KORU Medical Systems' mailing address is 24 CARPENTER RD, CHESTER NY, 10918. The official website for the company is www.korumedical.com. The company can be reached via phone at (845) 469-2042, via email at dsullivan@equityny.com, or via fax at 845-469-5518.

This page (NASDAQ:KRMD) was last updated on 10/1/2023 by MarketBeat.com Staff

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